RE:COULD CANOPY FAIL??I'll keep this post warm for you and repost it in about a year. Everyone already knows you're an id!ot but we may as well keep providing evidence of it
Starsearcher80 wrote: You know, I didn't think I would ever entertain the thought that Canopy could actually fail, but a review of all considerations at this point now make this a very real possibility. Again, look no further than Nortel, and the similarities are downright scary. Cash burn that is completely unsustainable. Overbuilding capacity that is not needed. Products that completely missed the mark. Firings of the most senior management. The red flags are ALL there people. Like Nortel, the company was consumed by its own bravado and ultimate incapacity to reposition before it was crushed under its own weight. Could this happen to Canopy?? I now suggest that this is now FULLY within the realm of possibility. Imho, the company now exhibits all the red flags of "dead man walking." Sorry longs. I know you want different, but you need to hear and consider that this possibility is now out there.